{"code":"PUC","codeName":"Public Utilities Code","section":"748.6","citation":"Pub. Util. Code, § 748.6","status":"in-force","lawOn":"2026-09-28","headings":[{"name":"DIVISION 1. REGULATION OF PUBLIC UTILITIES [201. - 3299.100.]","url":"https://blackletter.si/public-utilities-code/division-1"},{"name":"PART 1. PUBLIC UTILITIES ACT [201. - 2120.]","url":"https://blackletter.si/public-utilities-code/division-1/part-1"},{"name":"CHAPTER 4. Regulation of Public Utilities [701. - 940.]","url":"https://blackletter.si/public-utilities-code/division-1/part-1/chapter-4"},{"name":"ARTICLE 2. Rates [727. - 758.]","url":"https://blackletter.si/public-utilities-code/division-1/part-1/chapter-4/article-2"}],"history":"Amended by Stats. 2019, Ch. 497, Sec. 241.   (AB 991)   Effective January 1, 2020.","effective":"2020-01-01","html":"<p>Beginning with the fiscal year commencing July 1, 2019, and ending with the fiscal year ending June 30, 2023, the commission shall annually allocate fifty million dollars ($50,000,000) of the revenues, including any accrued interest, received by a gas corporation as a result of the direct allocation of greenhouse gas emissions allowances provided to gas corporations as part of a market-based compliance mechanism adopted pursuant to subdivision (c) of Section <a href=\"/hsc/38562\">38562</a> of the Health and Safety Code to fund the Building Initiative for Low-Emissions Development (BUILD) Program (Article 12 (commencing with Section <a href=\"/puc/921\">921</a>)) and the Technology and Equipment for Clean Heating (TECH) Initiative (Article 13 (commencing with Section <a href=\"/puc/922\">922</a>)).</p>","text":"Beginning with the fiscal year commencing July 1, 2019, and ending with the fiscal year ending June 30, 2023, the commission shall annually allocate fifty million dollars ($50,000,000) of the revenues, including any accrued interest, received by a gas corporation as a result of the direct allocation of greenhouse gas emissions allowances provided to gas corporations as part of a market-based compliance mechanism adopted pursuant to subdivision (c) of Section 38562 of the Health and Safety Code to fund the Building Initiative for Low-Emissions Development (BUILD) Program (Article 12 (commencing with Section 921)) and the Technology and Equipment for Clean Heating (TECH) Initiative (Article 13 (commencing with Section 922)).","otherVersions":[],"url":"https://blackletter.si/public-utilities-code/rates-748-6","source":"California Legislative Information bulk export (pubinfo)"}